Reliance Steel & Aluminum Company (RS) just unveiled an update.
On May 15, 2024, Reliance, Inc. shareholders gathered for a pivotal Annual Meeting, where they made several key decisions that will shape the company’s future. In a significant move, they voted to extend the 2015 Incentive Award Plan by an additional five years, ensuring it remains effective until 2030. Additionally, they elected nominees to the company’s Board of Directors, approved executive compensation, and ratified KPMG LLP as their independent auditor for the fiscal year 2024. These decisions were made with a notable majority, reflecting strong shareholder support and engagement in the company’s strategic direction.
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